“We went from 7,500 square feet to 28,000 square feet,” said Evan Auyang, president of Animoca Brands, during an interview with CoinDesk. “It’s a renter’s market right now in Hong Kong, and we saw this as the perfect time to create a collaborative space not just for us but for other companies in our portfolio.” Source
As the US presidential election draws near, Bitcoin has briefly surged to the $70,000 mark for the first time in over five months. This milestone coincides with former President Donald Trump leading in polls against Vice President Kamala Harris, setting the stage for potential shifts in the cryptocurrency landscape depending on the election outcome. $70,000 As Key Level For Bitcoin To Surpass March Record The recent uptick in Bitcoin’s price has been bolstered by a rally in the stock market, with analysts noting that investors are increasingly pricing in a…
A poll conducted by Microstrategy’s chairman drew over 100K responses, revealing sweeping support for the presidential candidate seen as Bitcoin’s most powerful advocate. Who’s Bitcoin’s Best Bet in 2024? Michael Saylor’s Poll Sends a Clear Message As the 2024 election season intensifies, digital asset advocates closely analyze how a potential Donald Trump or Kamala Harris […] Original
Elon Musk envisions the Department of Government Efficiency (DOGE) cutting $2 trillion from federal spending, aiming to free Americans from excessive taxation and government overreach. Elon Musk’s Vision: $2T DOGE Cuts to Propel America to Unseen Heights Tesla CEO Elon Musk revealed on Sunday during a Donald Trump rally held at Madison Square Garden that […] Source CryptoX Portal
Este artículo también está disponible en español. Bitcoin, the world’s top cryptocurrency, is designed to act as a money or payment option outside anyone’s control. Using the crypto, which is decentralized and peer-to-peer, removes the involvement of third parties, like central banks. This Bitcoin promise has redefined the financial landscape, helped the unbanked, and empowered those who want independence. However, the ecosystem has its share of critics, including central banks. Related Reading Central banks’ role shrinks as the Bitcoin ecosystem grows and its use cases expand. This prevailing belief is…
Former President Donald Trump’s crypto project, World Liberty Financial, is reportedly planning to issue its own stablecoin, according to Decrypt. The stablecoin is expected to be pegged to the U.S. dollar to maintain a steady value amid the cryptocurrency market’s volatility. Sources close to the project told Decrypt that World Liberty is still assessing how to safely structure the coin before its launch. This new venture follows World Liberty’s recent $14 million initial token sale and coincides with the appointment of Paxos co-founder Rich Teo, who will oversee the project’s…
On Monday, bitcoin hit a high note, climbing past the $70,000 threshold for the first time since late July, peaking at an intraday high of $70,218 per coin. Bitcoin Hits New Heights: The Market Shift Behind Today’s $70K Push By 6:10 p.m. ET, bitcoin (BTC) had climbed 2.6% against the U.S. dollar, hitting the $70,218 […] Original
Blackrock’s significant stake in Microsoft could sway the tech giant’s potential decision on adding bitcoin to its corporate reserves, signaling a shift in mainstream crypto adoption. Blackrock’s Stake Fuels Speculation Over Microsoft’s Bitcoin Future Speculation emerged last week around Microsoft’s upcoming Dec. 10 shareholder meeting, following a U.S. Securities and Exchange Commission (SEC) filing that […] Original
The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S. dollar’s reserve currency status being at risk. Treasury Sign Drops — Yellen Steadies Herself and Defends US Dollar’s Reserve Currency Status U.S. Treasury Secretary Janet Yellen discussed key elements of the U.S. economic strategy last week at […] Source CryptoX Portal
An analyst has explained why it could be the time to get ready for a new Bitcoin bull run, based on the pattern developing in this on-chain metric. Bitcoin US To The Rest Reserve Ratio Has Seen A Reversal Recently In a CryptoQuant Quicktake post, an analyst discussed the recent trend in the BTC US to The Rest Reserve Ratio. This indicator tells us, as its name suggests, the ratio between the total Bitcoin reserves of the US-based centralized platforms and that of the global ones. Platforms here refer to…